Conveyancing Alliance Ltd has reported at a 66% year-on-year increase in purchase and a 33% increase in remortgage instructions for the first half of 2011.
The online conveyancing distributor also said that second quarter of 2011 witnessed a “substantial improvement”” on the previous quarter with a 40% increase in purchase and a 13% increase in remortgage instructions. This is the third consecutive quarter that Conveyancing Alliance has seen an increase in remortgage activity.